Sino-Sinzania Economic Engagement Case Study

Between circa 1925 and circa 1950, the relations between the Chinese peasants and the Chinese Communist Party became out of hand due to the peasant rebellions/uprising groups present, the tension between Japan and the communist party, and most notable the mass reform during this time period.

Trade had a positive and/or negative effect on the people who were located in the regions of China and the Americas. People in the world region of China had many positives. The Americas had both positive and negative results. Some positives for China included, a good ripple effect in its economy and a lot of tributes being sent. Positives for the Americas included an expansion of knowledge, as well as discovering more from the world.

In both developed and underdeveloped economies, there is a need to put regulations which ensure that profits are not abnormally earned at the expense of the innocent clients. It is therefore the mandate of the territorial authorities to put in place measures that introduce checks and balances in all trades. The respective companies or business must also follow the same suit lest they find themselves in the crossroads of law. However,

Foreign trade with China dates all the way back to 206 BC – 220 AD during the Han Dynasty when the Silk Road was first established. Since then, the world has developed into an interconnected web of relationships that has linked empires across the globe. The foundation of these ties was formed upon the physical exchange of commodities such as porcelain and silk. These transactions have more than just satisfied the demands of eager consumers. They have led to an intricate network of contacts unifying East Asian countries with the distant nations of Europe and North America. The results of these cross-cultural interactions are vividly portrayed in an oil painting of Canton titled “View of Foreign Factories,” which hangs inside the Peabody Essex Museum in Salem, Massachusetts. Designed by Chinese artist Sun Qua, the picture depicts not only the emerging assimilation of economies, but also the spread of architecture, technology, and the integration of foreign culture into Chinese life.

East and west. The relationship between the two has never been truly set in stone. Both Europe and Asia have been through many large-scale power shifts throughout the millennia. Empires have risen – and inevitably been razed. If not by conquerors, then by time itself. These empires were often led by those who yearned to increase their land and holdings, and because of this the tendrils of civilization often stretched to seek uncharted territory. This undying curiosity eventually culminated in what is now referred to as the “Age of Discovery,” which spanned from the 1500s to the 1800s. By the beginning of the 20th century, most of the world’s lands had already been discovered. Trade links between China and Europe had been around since the Hellenic Age. And in the year 1900 it had been 124 years since the founding of the United States of America. Cross the Pacific Ocean, and one would find themselves face-to-face with the United States’ distant neighbor, East Asia. In East Asia, two of the most historically significant nations are China and Japan. For a number of reasons, – which will be detailed further later on – the early 1900s were a somewhat tumultuous time for both of said nations. The 20th century was by and large a time of political and economic power consolidation for both China and Japan. It is arguable that the United States played an integral role in this consolidation. The interactions between the United States, China, and Japan highlight a time when the way that

United Republic Of Tanzania is a developing country, located in East Africa. Tanzania has high level of unemployment, poverty, and a weak national institutional system. After independence in 1961 till 2000, the country had little influence on the business activities of foreign investments and was passing through transformation from its socialist policies to a market economy.

Those rivals may not have to fear the possible legal consequences, if they hail from countries with more permissive standards. Second, the Policy uncertainty is one of the key to show how it is important to have well structure political strategy to regulate and control emerging economies. Also the authors state that “business regulations are often subject to constant change”, creating a complex situation for businesses to implement a long-term planning. As respond for that kind of complexity, bribery may be the most reliable tool to speed and facilitate important information from government in order to be prepared for any new incoming event before other firms. Third, the Legal system quality is the procedures where the government can effective monitor and prevent government officials to be involved in any type of corruption. But again, the authors mention another important principle - the importance of transparency. Bribery is often observed in a government where the check and balance system is weak.

* From planned economy to free market powerhouse: The post - Mao era ( 1976 onwards )

North Korea, South Korea, Russia, India are several major countries surrounding China with each exhibiting geopolitical issues and potential tensions with China, however there are two major issues that China currently face within these past 5 years. The first geopolitical issue and tension happens to initiate recently with North Korea and their recent development of nuclear program. Albert (2017) findings found that China is North Korea most important trade partner by supporting them of food and energy and still continues to have significant economic ties today. With the ongoing continuation of nuclear test and ballistic missile launches, it’s hard for China to support

The rapidly grow of financial innovation and technology in the international financial market have encouraged an increase in the significant role of compliance in financial service firms over the last decade. Particularly, aftermath of the 2008 global financial crisis, to ensure the financial stability and protect the future crisis, regulators have continued to pay attention on improved requirement of capital and liquidity as well as risk management and corporate governance in the financial intermediary. Additionally, policy makers also have focused on issues associated with stakeholders of the financial service firms and public interest such as consumer protection, insider trading, LIBOR manipulation and money laundering. An effective compliance, risk management and internal audit are major mechanisms to create strong corporate governance (The Chartered Institute of Internal Auditors, 2013), which can reduce risks arising from failure to comply regulations and non-compliance in the financial institutions.

China was the most civilized country having outpaced other world regions for several centuries. The country faced a major backlash in the nineteenth and twentieth countries whereby it experienced civil wars, foreign occupations, dreaded famines, and military attacks that left the security of the country prone to attacks. Chinese government supported communism after World War II consequently adopting an autocratic leadership style to cater for the welfare of Chinese citizens. However, the successors of Mao Zedong adopted a market-oriented economic system which sky-rocketed the economic growth of China since 1978. Currently, China has the second largest economy after the USA and boasts of its fastest economic growth rate in the world. Eventually, the living standard of the large portion of the Chinese population has dramatically increased. Moreover, Chinese have been given the freedom to make personal decisions, but the political measures are still tight (The World Factbook, 2016). China has enhanced its international presence by ensuring that it participated in the international organizations and enhanced the global outreach.

In spite of the fact that China 's engagement into multilateral participation in the South China Sea dispute comes up with compositions on conflict management in this area by various researchers, so far not very many endeavours have been made to clarify the explanations behind China 's changing state of mind towards multilateralism (Desjardins 2014). The current level headed discussions essentially take after three lines of contentions. The three systemic theories incorporated in it are realism, liberalism, and constructivism (Chang 2014). Talking into consideration these three theories, the China 's South China Sea approach from a particular point of view is projected below.

Government administration of any country is extensive and plays crucial role of ensuring welfare to the people. Any countries government services exercise the authority and produce their services through diversity of schemes. In the interest of creating confirmation of having exercised the best care to protect the data on the manufacturing firm’s networks, the legal counsel started urging the firms to actively invest in the quality procedures and technology that will collect bulk of judicially sound data defensible by the law. The intense situation that led to remodel the traditional or old models for the rate of response is to include this

China began to reform its market in the early 1980s, with the shifting of a centrally planned economy to a market-based economy, China has experienced soaring economic growth and social development. In the meanwhile, the environmental degradation is getting worse. Yet, the environmental protection law enacted by the Chinese government barely have an effect. Economists and scientists have both pointed out that, if the Chinese government does not take timely and effective measures to reverse the current environmental degradation, such pollution problems will greatly hinder the future economic development in China, and the living standard of Chinese citizens

There is a need for maximizing the utilization of trade preferences and investment opportunities drawn by various bilateral and multilateral agreements between the member states, The regional and international cooperation such as WTO, EAC, SPT, GSP, AGOA, EBA, EPA and SADEC allowing Tanzania as a member country to access the trade preferences such as free barrier to trade, free duty, free mobility of foreign investment, motivation policy and free tariffs between member states. Forinstance Tanzania and China has recently signed several trade and investment agreements in the year 2013 in the process of consolidating their trade and economic relation, which has enabled 95% free export tariffs of Tanzania products to China. In